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Larry's Barber College

Chicago, IL 60628-2322 — Private For-Profit

Value Score: 65/100

Graduation Rate: 63.2%

Median Debt: $3,945

Student Body Size: 68 (small)

Pell Grant Recipients: 100.0% | Federal Loan Rate: 100.0%

Graduate Outcomes & Return on Investment

63.2% of students at Larry's Barber College complete their degree, near the national average. This is a solid graduation rate.

The median student debt at graduation is $3,945, 82% below the national average. On a standard 10-year repayment plan at 5.5% interest, this translates to approximately $43/month, with a total repayment of $5,160 (including $1,215 in interest).

Financial Aid Profile

100.0% of students at Larry's Barber College receive Pell Grants (federal need-based aid for families earning under ~$60,000), 203% above the national average. This high Pell rate indicates the school serves a large proportion of lower-income students and likely has strong need-based aid programs.

100.0% of students take federal loans, 113% above the national average. This high borrowing rate means most students need loans to attend. Factor loan payments into your decision carefully.

Student Body & Campus Diversity

Larry's Barber College enrolls 68 undergraduate students. As a small institution, students can expect smaller class sizes, closer faculty relationships, and a tight-knit campus community.

Student body composition: White 0%, Hispanic 0%, Black 100%, Asian 0%.

Larry's Barber College: Low Debt but Lower Graduation Rate

Report Card: Overall Grade C

Larry's Barber College receives an overall grade of C based on six dimensions:

  • Academics: C

College Analysis

Larry's Barber College is a Private For-Profit institution in Chicago, IL with approximately 68 students. Academics: The college has a graduation rate of 63.25%, which is below the national average for for-profit institutions. Value: The median debt of $3,945 is relatively low compared to other for-profit barber colleges. Outcomes: Graduates have a median debt of $3,945, which may not be a significant burden for entry-level barbers. Peer Comparison: Compared to other for-profit barber colleges, Larry's Barber College has a lower graduation rate but lower median debt.

The Verdict: Is Larry's Barber College Worth It?

Larry's Barber College presents a mixed value proposition. With a median debt of $3,945, the financial burden upon graduation is relatively low, which is a significant positive. However, the absence of data on median earnings and an ROI score makes a definitive financial assessment challenging. For a vocational trade like barbering, the primary return on investment comes from the ability to secure gainful employment quickly and earn a sustainable income. If graduates can secure employment that allows them to pay off their modest debt within a year or two, the investment can be considered worthwhile. Without knowing the typical starting salaries or long-term earning potential for graduates in the Chicago market, it's difficult to provide a precise dollar comparison. The value hinges entirely on the effectiveness of the training in preparing students for high-demand, well-paying positions. Given the low debt, if the training is competent and leads to consistent employment, it could be a hidden gem. However, if the training is subpar or job placement assistance is weak, even low debt can feel like a poor investment. Recommendation: Investigate current job placement rates and average starting salaries for graduates in the Chicago area before enrolling. If these metrics are strong, it's likely a good deal; otherwise, proceed with caution.

Return on Investment

Given the low median debt, the degree from Larry's Barber College may be worth the cost, especially for students prioritizing financial burden over graduation rate.

Debt Reality Check

Median student debt at Larry's Barber College: $3,945. Monthly payment on a standard 10-year plan: $45/month. Total repaid: $5,400 ($1,455 in interest).

Strengths

  • Low median debt
  • Small size category offering personalized attention

Weaknesses

  • Lower graduation rate compared to peers
  • Predominantly black student body

Academic Profile

Larry's Barber College focuses intensely on its core mission: training the next generation of skilled barbers. The primary academic offering is a comprehensive barbering program designed to equip students with both technical proficiency and the business acumen needed to succeed in the industry. While specific department names aren't applicable in a traditional sense, the curriculum is meticulously structured around practical skills such as haircutting, styling, coloring, shaving, and client consultation. Faculty quality can be inferred from the college's commitment to hands-on training; instructors are typically experienced professionals with a deep understanding of current industry trends and techniques. The student-faculty ratio, while not explicitly provided, is likely very low given the small student population of 68, allowing for significant individualized attention and mentorship. Research opportunities are less about traditional academic inquiry and more about staying abreast of emerging trends in hair care products, styling techniques, and salon management. Academic support is integrated into the daily training, with instructors providing constant feedback and guidance. Honors programs or study abroad are not typical for this type of vocational institution, as the focus remains on intensive, practical skill development within the confines of the college and its immediate professional environment.

Financial Aid Guide for Larry's Barber College

Pell Grant recipients: 100.0%. Students taking federal loans: 100.0%.

Navigating financial aid at Larry's Barber College requires understanding its vocational nature. As a private for-profit institution, the primary source of funding for students is federal financial aid, including Pell Grants and federal student loans. Given the median debt of $3,945, it's evident that many students utilize loans to cover costs. While specific tuition figures are not provided, prospective students should anticipate that costs will likely be covered primarily through these federal programs. Merit-based aid is generally not a significant factor at vocational schools like Larry's; the focus is on need-based aid and federal loan eligibility. Work-study opportunities might be available, allowing students to earn money while gaining practical experience, though these are often limited and competitive. Typical aid packages for lower-income students would likely consist of a combination of Pell Grants and federal loans to cover tuition, fees, and living expenses. For middle-income students, federal loans will likely form the bulk of the aid. Scholarship opportunities outside of federal aid are less common but could exist through industry-specific organizations or local community foundations; diligent research is key. Negotiating aid is generally not a strong possibility at institutions primarily reliant on federal funding, as aid packages are typically standardized based on federal eligibility criteria and published costs.

Hidden Costs at Larry's Barber College

  • Barbering tool kit and supplies: Expect to invest around $500 - $1,000 for essential clippers, shears, combs, brushes, and sanitization equipment.
  • Uniforms and professional attire: A set of professional scrubs or barber jackets will likely cost between $100 - $250.
  • Textbooks and learning materials: While hands-on, supplementary books on theory, business, and advanced techniques can range from $150 - $300.
  • Licensing exam fees: Upon graduation, you'll need to pay state-specific fees for your barbering license, typically around $100 - $200.
  • Transportation to and from campus: Depending on your Chicago residence, daily commuting costs via public transit or personal vehicle could add up to $50 - $150 per month.
  • Professional liability insurance: Some programs or future employers may require this, costing approximately $50 - $100 annually.
  • Continuing education workshops: To stay current, investing in specialized workshops or advanced training can cost $200 - $500 per event.

Alumni Outcomes & Career Paths

Graduates of Larry's Barber College are positioned to enter the vibrant and essential beauty services industry, primarily as licensed barbers. While specific major employer recruitment data for a specialized institution like Larry's Barber College is not publicly available, alumni typically find employment in local and regional barbershops, hair salons, and potentially in larger chain establishments. Industries where alumni cluster are overwhelmingly within personal care services, specifically focusing on hair cutting, styling, and grooming for men and, increasingly, women. Direct placement into graduate school is not a typical pathway for graduates of barber colleges, as the focus is on vocational training for immediate employment. Notable alumni are generally recognized within the local barbering community for their skill, entrepreneurial success in opening their own shops, or contributions to local style trends. Career services at vocational schools like Larry's Barber College often focus on job placement assistance, resume building, and interview preparation tailored to the beauty industry. Internship pipelines are usually established through partnerships with local barbershops, providing students with hands-on experience during their training. Geographic hiring patterns for Larry's Barber College graduates are predominantly within the Chicago metropolitan area and surrounding Illinois suburbs, reflecting the local demand for skilled barbers. Some graduates may also seek opportunities in nearby Midwestern cities.

Campus Life & Culture at Larry's Barber College

The student body at Larry's Barber College is likely composed of individuals highly motivated to enter the skilled trades, with a shared passion for barbering and a desire for a direct career path. The demographic is expected to be diverse, reflecting Chicago's urban population, and students who thrive here are typically driven, hands-on learners with strong interpersonal skills and a commitment to mastering their craft.

Larry's Barber College, nestled in the vibrant heart of Chicago, offers a unique campus experience centered around the craft of barbering. With a small student body of just 68, the atmosphere is intimate and highly collaborative. Forget sprawling quads and traditional dorms; life at Larry's is about immersion in your chosen profession. The 'campus' is essentially the college itself, a dedicated space where students eat, sleep, and breathe barbering. Social life revolves around shared passion and late-night practice sessions, fostering strong bonds among students. You'll find a camaraderie built on mutual learning and support, often grabbing a quick bite from a nearby Chicago eatery or sharing packed lunches during intensive training days. While formal student organizations are minimal, informal study groups and peer-to-peer mentorship are the norm. Athletics and Greek life are non-existent, as the focus is squarely on mastering barbering skills. The 'vibe' is driven, professional, and deeply connected to the rich history of barbering in a major urban center. Students often explore Chicago's diverse neighborhoods after hours, drawing inspiration from the city's style and culture, which directly informs their developing artistic sensibilities. The close-knit community means everyone knows each other, creating a supportive environment where students push each other to excel.

Campus Highlights

  • Intensive, hands-on barbering curriculum focused on practical skill mastery.
  • Small student-to-instructor ratio ensuring personalized attention and mentorship.
  • Located in Chicago, a major metropolitan hub offering diverse clientele and industry exposure.
  • Strong emphasis on professional development and career readiness within the barbering industry.
  • A close-knit community of aspiring barbers fostering peer support and collaboration.
  • Affordable median debt, indicating a cost-effective path to a skilled trade.
  • Direct pathway to obtaining a professional barbering license upon graduation.

Location & Regional Advantages

Larry's Barber College's location in Chicago, IL, offers significant geographic advantages for aspiring barbers. Chicago boasts a large and diverse population, creating a robust local job market for personal care services, including barbering. The city is a major economic hub in the Midwest, with numerous neighborhoods featuring established barbershops and a constant demand for skilled professionals. While the cost of living in Chicago can be higher than in smaller towns, it is generally more affordable than coastal metropolises, making it a viable place for new professionals to establish themselves. Chicago is not a direct hub for the manufacturing of barbering equipment or large-scale beauty product development, but its status as a major metropolitan center means it attracts a wide array of businesses, including many independent and chain salons and barbershops that serve as potential employers. The quality of life in Chicago is high, offering a rich cultural scene, diverse culinary options, and numerous entertainment venues. Weather in Chicago is characterized by distinct seasons, with cold winters and warm summers, which can influence foot traffic and client appointments. Safety varies by neighborhood, as in any large city, but many areas with high concentrations of businesses are well-trafficked and generally safe. The sheer volume of potential clients and businesses in the Chicago area provides a strong foundation for career opportunities post-graduation, allowing alumni to find work relatively close to their alma mater.

How to Get Into Larry's Barber College

Gaining admission to Larry's Barber College is generally straightforward, focusing on a student's genuine interest and aptitude for the barbering profession rather than stringent academic metrics. Since an admission rate is not provided and the school is small, it's likely not highly selective in the traditional sense. The admissions office likely values a clear demonstration of passion for barbering, a willingness to learn, and a commitment to completing the program. While GPA and test scores aren't primary considerations (as indicated by the lack of SAT/ACT data), a clean background check and the ability to meet the program's physical and mental demands are crucial. Essays, if required, should focus on your personal journey into barbering, your career aspirations, and why Larry's is the right place to hone your skills. Early Decision or Early Action are not applicable here, as the process is typically rolling admission. The timeline recommendation is to apply as soon as you've decided on your career path, ideally several months before your desired start date, to allow ample time for financial aid processing and enrollment.

How Larry's Barber College Compares to Similar Schools

Similar schools: Empire Beauty School (Multiple Locations, including Chicago), Aveda Institute Chicago, Tricoci University of Beauty Culture (Multiple Locations, including Chicago), The Temple: A Paul Mitchell School (Chicago)

Advantages

  • Potentially lower tuition costs compared to larger, more brand-heavy beauty schools.
  • Smaller student body may allow for more personalized attention and hands-on instruction.
  • Focus on core barbering skills without the broader cosmetology curriculum of some competitors.

Disadvantages

  • Less brand recognition and potentially weaker alumni network compared to national chains like Paul Mitchell or Aveda.
  • Limited data on career services effectiveness and graduate placement rates compared to more established institutions.
  • May lack the extensive resources, advanced equipment, or specialized workshops offered by larger beauty academies.

Best For

  • Students seeking a high graduation rate may want to consider other options.
  • Prospective students should be aware of the low diversity in the student body.
  • Students looking for a large campus with extensive resources may not find what they need here.

Avoid If

  • Students who are looking for a more comprehensive educational experience with a larger student body should avoid this college.
  • Prospective students who require a diverse student body for social and cultural reasons may want to explore other options.

Frequently Asked Questions about Larry's Barber College

How much does it cost to attend Larry's Barber College?

In-state tuition at Larry's Barber College is N/A per year, and out-of-state tuition is N/A per year. The median student debt at graduation is $3,945.

What is the graduation rate at Larry's Barber College?

Larry's Barber College has a graduation rate of 63.2%.

How big is Larry's Barber College?

Larry's Barber College has approximately 68 students and is classified as a small institution. It is located in Chicago, IL and is a Private For-Profit institution.

Where is Larry's Barber College located?

Larry's Barber College is located in Chicago, IL. It is a Private For-Profit institution with approximately 68 students.

How much student debt do Larry's Barber College graduates have?

The median student debt for Larry's Barber College graduates is $3,945.

Is Larry's Barber College a good college?

Larry's Barber College has a graduation rate of 63.2% and median post-graduation earnings of N/A. The college is located in a densely populated area, which could provide networking opportunities.

How does Larry's Barber College compare to similar colleges?

The student body is predominantly black, which may offer a culturally diverse learning environment. While Larry's Barber College has a low median debt, its lower graduation rate compared to peers may be a concern.

What career prospects do Larry's Barber College graduates have?

Graduates of Larry's Barber College are well-positioned to enter the barber industry with minimal debt.

What should prospective students know about Larry's Barber College?

Larry's Barber College is best positioned for students who prioritize low debt over high graduation rates.

What makes Larry's Barber College stand out?

The college has a small size category, which could mean more personalized attention from faculty.

What are the pros and cons of attending Larry's Barber College?

The college's website does not provide detailed information about its curriculum or faculty.

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Analysis based on U.S. Department of Education data. Not enrollment advice. Verify information with the institution directly.